The shortage of first-time homebuyers has caused a lot of concern for industry experts, and down payment assistance programs are slated to entice buyers to come to the market.

Atlanta-based Down Payment Resource released its 2015 Down Homeownership Program Index for the fourth quarter finding that there are 2,406 homeownership programs available throughout the nation.

[Tweet “Texas has 208 homeownership assistance programs”]

This number of programs is down 1 percent from the previous quarter. Of those programs, 5,134 changes were made, 761 programs were updated, 51 new programs added and 58 programs were expired.

homeownership programs

kurhan/Shutterstock

The HPI found that 63 percent of the homebuyer programs were slated to assist first-time buyers and 15 percent were for community heroes, which includes firefighters, educators, healthcare workers, veterans and more.

As of February 3, the Down Payment Resource registry reported that there are 208 programs available in Texas. Of those programs, 76.9 percent have funds available.

  • 102 programs are from agencies
  • 48 programs are unfunded
  • 160 programs are funded
Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×